10 The table below contains information about the total utility you gain from coffee you buy from a coffee shop Cups of Coffee Total Utility in $ amount 1 1 5 2 2 7 3 3 6 4 3 6 5 2 Does this example exhibit the diminishing marginal utility principle Explain How many cups of coffee will you buy if the price of each cup is $1 Explain At what price, would you buy three cups of coffee Explain

Question: 10. The table below contains information about the total utility you gain from coffee you buy from a coffee shop. Cups of Coffee Total Utility

10. The table below contains information about the total utility you gain from coffee you buy from a coffee shop.

Cups of Coffee	Total Utility in $ amount
1	1.5
2	2.7
3	3.6
4	3.6
5	2

Does this example exhibit the diminishing marginal utility principle? Explain.
How many cups of coffee will you buy if the price of each cup is $1? Explain.
At what price, would you buy three cups of coffee? Explain.

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